Cal. Pub. Util. Code § 101319

Current through the 2023 Legislative Session.
Section 101319 - Use of proceeds of sale

The proceeds of the sale of refunding bonds shall be applied only to the purchase, or retirement at not more than par and accrued interest, or the call price, of the bonded indebtedness for which the refunding bonds were issued.

Ca. Pub. Util. Code § 101319

Added by Stats. 1971, Ch. 1161.